The Ministry of Climate Change and Environmental Coordination has launched the Challenge Fund for Climate Resilient Infrastructure.
This transformative fund would be funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) and jointly implemented by GIZ Pakistan and Adam Smith International (ASI).
The initiative is designed to bolster Pakistan’s adaptive capacity in the face of increasing climate challenges. Speaking about overarching objectives of the initiative, Climate Change and Environmental Coordination Ministry Secretary Aisha Humera Moriani said that this much-needed climate-resilient infrastructure development initiative would be spearheaded jointly by the climate change and environmental coordination Ministry and GIZ, a German governmental development agency
She said theinitiative aimed to bolster the country’s infrastructure resilience against the impacts of climate change and support the construction of sustainable and adaptive infrastructure across vulnerable regions.
Highlighting the significance of the initiative, Coordinator to the Prime Minister on Climate Change Romina Khurshid Alam said the launch of the Climate Resilient Infrastructure Challenge Fund marked a significant milestone in government’s ongoing efforts to strengthen Pakistan’s capacity to adapt to climate change.
She said the innovative fund would empower provinces and local governments to develop and implement innovative infrastructure projects that were not only climate-resilient but also contributed to sustainable development goals and the well-being of local communities.